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Ref: AG19144888
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Unique investment opportunity! This villa in the exclusive area of Punta Prima, in Orihuela Costa, is a gem to discover. With 176.00 square meters of interior space on a generous 316 square meter plot, this villa offers unlimited potential to become a luxury residence or a highly profitable investment. Located just 800 meters from the beach, this villa attracts both tourists and residents, guaranteeing constant demand in the vacation or long-term rental market. The property has 2 double bedrooms and 2 bathrooms, offering the perfect space to create a modern and functional home. Although it requires renovations, this chalet is a unique opportunity to let your creativity fly and design a custom space. The kitchen, currently empty and unfurnished, offers the freedom to choose the finishes and appliances according to the investor's preferences. In addition, the property has an outdoor terrace, providing additional space to enjoy the outdoors and al fresco dining, although it is important to note that this terrace is not yet legalized. Once renovated, this chalet can become a property of high value and visual appeal. Imagine renovated interiors with quality materials and contemporary design that appeal to discerning renters or buyers with refined tastes. Turn the garden into an oasis of tranquility with outdoor seating areas and an elegant swimming pool to enjoy the Mediterranean climate in total privacy. Don't miss the opportunity to acquire this property with unmatched investment potential. Turn your investment dreams into reality and make this villa your next success story in the real estate market!
Property Features
- 2 bedrooms
- 2 bathrooms
- 176m² Build size
- 316m² Plot size
- Golf course
- Garden
- Near bus route
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,000€
Final Payment of 90% on completion
216,000€
Property Purchase Expenses
Property price
240,000€
Transfer tax 8%
19,200€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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